PAHVX Fees and Costs — PGIM Jennison NextGeneration Global Opportunities Fund, Class R6
Data updated: 2026-03-30
The net expense ratio is 1.01%: a 0.96% management fee plus 2.54% other expenses, less a 2.49% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $14K in broker commissions, 0.1750% of average net assets, and portfolio turnover was 96%.
PAHVX Fees and Expenses
Annual operating expenses and sales charges of PAHVX. Prospectus, as of February 28, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.96% |
| 12b-1 fee | 0.00% |
| Other expenses | 2.54% |
| Gross expense ratio | 3.50% |
| Fee waiver | −2.49% |
| Net expense ratio | 1.01% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
PAHVX Costs Over Time
On $10,000 invested in PAHVX, assuming 5% a year before costs, total costs come to $738 over 5 years, cutting the return by 1.24% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 1.01%) | $106 | $330 | $572 |
| Trading costs (broker commissions) | $18 | $57 | $99 |
| Lost growth on money paid in costs | $0 | $19 | $68 |
| Total costs | $124 | $407 | $738 |
| Value after costs | $10,376 | $11,170 | $12,024 |
| Impact on return, per year | 1.24% | 1.24% | 1.24% |
PAHVX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.1750%
- Total broker commissions: $14K
- Bought from dealers (principal trades, not a cost): $196K
- Portfolio turnover (prospectus): 96%
- Securities on loan, average value: $116K
- Net income from securities lending: $1K (0.014% of average net assets)
PAHVX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| TD SECURITIES (USA) LLC | $3K | 27.31% |
| BOFA SECURITIES, INC. | $1K | 13.31% |
| SANFORD C. BERNSTEIN & CO., LLC | $1K | 11.80% |
| GOLDMAN SACHS & CO. LLC | $908 | 8.38% |
| CAPITAL INSTITUTIONAL SERVICES, INC | $903 | 8.33% |
| MORGAN STANLEY & CO. LLC | $835 | 7.70% |
| CITIGROUP GLOBAL MARKETS INC. | $785 | 7.24% |
| JEFFERIES LLC | $690 | 6.37% |
| BNP Paribas Securities Corp. | $570 | 5.26% |
| PIPER SANDLER & CO. | $466 | 4.30% |
PAHVX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| CitiGroup Global Markets Inc. | $87K | 44.30% |
| GOLDMAN SACHS & CO. LLC | $59K | 29.91% |
| JEFFERIES LLC | $20K | 10.23% |
| J.P. Morgan Securities LLC | $15K | 7.57% |
| MORGAN STANLEY & CO. LLC | $11K | 5.56% |
| TD SECURITIES (USA) LLC | $5K | 2.42% |
PGIM Jennison NextGeneration Global Opportunities Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| PAHVX | Class R6 | 1.01% | none |
| PAHUX | Class Z | 1.06% | none |
| PAHSX | Class A | 1.31% | 5.50% |
| PAHTX | Class C | 2.06% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.